Confluence
-Massive H&S pattern
-Break and retest of neckline
-Wave 4 completion
-Bearish engulfing last week
-Dynamic resistance
Negative factors
-Support level at 1.70500
-50 ema
>Even if you are not ready for the day, it cannot always be night<
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.